$10,000 Closing Credit*
$1,500,000
2,040 SqFt
3 Beds
•2 Full Baths
Shelle L Dragomer, Listing Office: @properties Christies International R.E.
Is 49101, MI a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since Last Month
Last month, 49101 was a Buyer's Market.
Key Takeaway
49101 is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in 49101, MI
How much do homes in 49101, MI cost?
Median Sold Price
$509,000
$139/sqft
Based on all homes sold in December 2024.
Difference Since Last Month
-$426,000(-45.6%)
Key Takeaway
Homes in 49101 have sold for 45.6% less than they did a month ago.
Summary: The median home sold price in 49101 was $509,000 in December 2024, down 45.6% from last month, and the median price per square foot was $139.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | - | - | N/A |
| 3 Bedrooms | $935K | $69K | -92.6% |
| 4 Bedrooms | - | - | N/A |
| 5+ Bedrooms | - | $544.4K | N/A |
Summary: 49101 housing prices by bedroom type for December 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes decreased by 92.6%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Housing Supply in 49101, MI
How many homes are available in 49101, MI?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 11 | 11 | 0.0% |
Summary: The 49101 real estate market had 11 homes for sale in December 2024, the same as November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 7 | 7 | 0.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 3 | 3 | 0.0% |
Summary: The 49101 housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 1 | 3 | +200.0% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
2 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in 49101, expect to pay close to the asking price. 66.7% of homes here sold near the asking price last month.
Summary: A total of 3 homes were sold or pending in 49101 in December 2024, up by 200.0% month-over-month. Of the 3 sold homes, 33% were sold under asking, 67% were sold at asking, and 0% were sold over asking.
Days on Market for 49101, MI
How long does it take to sell a home in 49101, MI?
Average Sale Time
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 21 Days | 55 Days | +165.1% |
Summary: Homes in 49101 had an average of 55 days on market in Dec 2024, up by 165.1% compared to last month.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Many homes in 49101 are selling fast, if you're buying plan to act quickly.
Summary: During December 2024, 3 homes were sold in 49101; 67% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Provided through IDX via MiRealSource, as the “Source MLS”, courtesy of the Originating MLS shown on the property listing, as the Originating MLS.